What is Triangle Pattern?
Triangle Pattern (also called ascending triangle, descending triangle) — A continuation chart pattern where price converges between two trendlines; a breakout from the triangle often signals the next move.
In simple terms
An ascending triangle breaking upward is read as bullish.
Why Triangle Pattern matters when you invest
Understanding triangle pattern helps you make better-informed decisions when you invest and trade on ROAR by DP TradeKING. Open a free account to put it into practice — ₹0 delivery brokerage and zero-commission direct mutual funds.
Triangle Pattern — frequently asked questions
What is Triangle Pattern?
A continuation chart pattern where price converges between two trendlines; a breakout from the triangle often signals the next move.
What does Triangle Pattern mean in the stock market?
A continuation chart pattern where price converges between two trendlines; a breakout from the triangle often signals the next move. An ascending triangle breaking upward is read as bullish.
Can you give an example of Triangle Pattern?
An ascending triangle breaking upward is read as bullish.
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